Latest Exploration Assay Results News

A takeover premium blew the doors off the Materials board this week, while one discounted equity raise did the opposite. Uranium names kept climbing on real production progress, and rare earths stayed in favour as governments and buyers circle supply.

A takeover offer lit up small caps, while one high-growth software name slid hard despite strong sector news. Resources dominated the winners list, but investors still punished dilution and discounted fundraisings.

Riversgold Ltd has affirmed the material significance of its recent Northern Zone gold exploration results alongside a $2 million capital raising, assuring compliance with ASX continuous disclosure rules.

Bayan Mining reports significantly enhanced rare earth element grades from follow-up surface sampling at its Desert Star Project in California, paving the way for drilling approval and further exploration.

A few stocks did the heavy lifting this week, with one biotech exploding higher and a gas name collapsing on the other side of the ledger. Big moves came from capital raises, regulator decisions, and drill results that investors treated as near-term value, not distant promises.

Red Mountain Mining has reported exceptional antimony assay results up to 34.3% from rock chip samples at its Oaky Creek prospect in New South Wales, confirming a large-scale orogenic antimony-gold system. The company plans drilling and further surveys in 2026 to advance exploration.

Perpetual Resources has confirmed a significant lithium-caesium-tantalum pegmatite discovery at its Renaldinho Project in Brazil, with rock samples grading up to 2.56% lithium oxide. This early-stage find positions Renaldinho as a key focus for upcoming drilling campaigns.

Diablo Resources has validated exceptional high-grade silver and antimony mineralisation at its Star Range project in Utah, setting the stage for maiden drilling amid strong market demand for critical minerals.

New Frontier Minerals has kicked off a significant reverse circulation drilling program at its Harts Range project, aiming to unlock deeper deposits of heavy rare earth elements vital for advanced technologies.

Greenvale Energy has completed a significant trenching program at its Oasis Uranium Project, revealing promising new extensional opportunities and a potential second mineralised structure. Assay results are pending, setting the stage for expanded exploration.

Catalina Resources is set to launch a significant Phase 1 drilling campaign across its Evanston and Yerilgee gold projects starting December 1, 2025, aiming to deepen understanding of promising mineralised zones.

Mammoth Minerals has delivered promising initial diamond drilling results at its Excelsior Gold Project in Nevada, confirming extensive high-grade gold mineralisation and validating its geological targeting model.